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Sunken Treasure: Colombia Recovers Gold from 300-Year-Old Ship
21 Nov
Summary
- Gold and bronze coins recovered from the San José shipwreck.
- The San José sank over 300 years ago carrying vast treasures.
- A legal dispute exists over the shipwreck's estimated $10 billion treasure.

Colombia has successfully recovered a significant cache of artifacts, including gold and bronze coins, from the sunken Spanish galleon San José. This vessel, often referred to as the 'holy grail of shipwrecks,' sank in the Caribbean over 300 years ago during the War of the Spanish Succession. The San José was laden with immense riches, including gold, silver, and emeralds, from Spanish colonies, now valued in the billions.
The recovered items, brought to the surface using underwater robots, are part of a Colombian research initiative aimed at understanding early 18th-century European history and bolstering national identity. These artifacts will undergo extensive conservation and archaeological study.
However, the San José's treasure is embroiled in a complex legal dispute between the Colombian government and Sea Search-Armada (SSA), a US-based salvaging company. SSA claims it discovered the wreck decades ago and is seeking a substantial portion of the treasure's estimated value.




